Today's picks: From Vedanta to ONGC, hot stocks to watch on Tuesday
For Vedanta, keep a stop at 113 and go short.
 "Today's picks: From Vedanta to ONGC, hot stocks to watch on Tuesday")
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Nifty
Stop long positions at 11050. Stop short positions at 11250. Big moves could go till 11350, 10950. Trend likely to be volatile but bearish. A long Mar 12, 10800p (140) , short 10700p (132) could triple in value if the market drops 2 per cent before expiry.
Bank Nifty
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Stop long positions at 28750. Stop short positions at 29100. Big moves could go till 29300, 28550. Trend remains bearish.
Vedanta
Keep a stop at 113 and go short. Add to the position between 108-109. Book profits at 107.5.
ONGC
Keep a stop at 90 and go short. Add to the position between 87.5-88. Book profits at 87.
HCL Tech
Keep a stop at 545 and go long. Add to the position between 556-558. Book profits at 560.
Target prices, projected movements in terms of next session, unless otherwise stated
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